Canadian Natural Resources president links future oil sands growth to construction of a West Coast export pipeline.
Canadian Natural Resources President Tim McKay stated that further expansion of the country’s oil sands depends on the development of a new pipeline to the West Coast. Without additional export capacity, production growth could face bottlenecks, limiting output potential in the long term.
Current pipeline infrastructure, including Trans Mountain and Keystone, is nearing capacity, while regulatory and environmental hurdles have delayed new projects. The oil sands, a key driver of Canadian crude production, have seen steady output increases but require new routes to sustain growth.
The remarks underscore industry concerns over transportation constraints, which have previously weighed on Canadian heavy crude prices and export volumes.